Shares of Chegg (CHGG) are climbing after the education technology company posts a second-quarter revenue beat — $182.85 million against estimates of $176.58 million — while coming in dead-even on earnings of $0.28 per share.
Yahoo Finance Reporter Josh Schafer joins the Live show to break down Chegg's AI strategy utilizing ChatGPT — which Chegg characterized as "complementary" to its own objectives — and user retention rates after the growing popularity of artificial intelligence, both addressed in the earnings call.
This post was written by Luke Carberry Mogan.
